For a decade and a half! Close your eyes.....
Imagine you have ownership of a patented device for pain, okayed by the FDA and health regulators, in a dozen other countries, that reduces edema, mitigates pain and promotes healing at the molecular level, while selling at a fraction of the price of destructive drugs, that do nothing but mask the pain and generate negative side-effects, for hundreds of millions of pain-sufferers globally.
Jump ahead 15 years and sales are <$100K per quarter, the shares of the public company are trading at .000whatever and the ship is floundering.
Only 4 reasons: Political or Big Pharma corruption; DNA and nepotism; a need for change at the top; Founder's Syndrome; or some of all 4. The only way to combat the reasons is change!
I was a major proponent, for years, of the buzz words, 'patient', 'soon' and 'Tsunami', and proud of it. Full of hope, supportive, offered help countless times, financially supported, insulted no one.
I helped fashion a viable success plan, with several others, proposing financing and a brilliant management team, before the former CEO left this world, with due credit for the early FDA successes, but he detrimentally fought with the world his whole career and defiantly rejected the success plan with zero thought - Founder's Syndrome.
And here we are, still in the toilet, a SP of .000whatever, in the basement, in the toilet.
Political and Big Pharma are non-existent issues, leaving DNA and nepotism and a change at the top, the only areas not tweaked in >15 years......
To not address those issues after 15 years is financially self-destructive stupidity. Founder's Syndrome?
Guess what - ActiPatch is still a wonderful, disruptive technology, waiting for success. Had the recent success plan been implemented, well, here we are.....
